Customs waiver clears Aeroflot 767-300ER lease deal

18 January, 2000

SOURCE: Flight International

The Russian government has issued an official order to enable Aeroflot Russian International Airlines to avoid paying customs tariffs for the four leased Boeing 767-300ERs that it has been seeking to operate. The temporary waiver has been issued for seven years and applies to four 767s the airline is leasing from GE Capital Aviation Services. The deal follows the signing of an investment agreement between Aeroflot and Russia's Ministry of Economics in November which binds the Russian flag carrier to order domestically produced airliners in exchange for the customs privileges against the acquisition of Western-built aircraft.